India's strategic push to build a domestic rare earths supply chain has found a potential partner in Germany, which seeks to diversify its critical mineral dependence on China for its ambitious offshore wind energy goals. This partnership, formalized through a Joint Declaration of Intent, aims to build resilient supply chains crucial for sectors like defence, renewables, and semiconductors.
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- ›India's Rare Earth Deposits: 6.9 million tonnes (3rd largest globally)
- ›India's REPM Import Dependence (2025): Over 90% from China
- ›Target this Data: 6000 metric tonnes/year (India's REPM production target by 2031)
- ›Target this Nodal Body: German Federal Ministry for Economic Affairs and Climate Action (BMWK)
- ›Target this Legal Point: Joint Declaration of Intent on Cooperation in Critical Minerals (India-Germany)
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